Cramer names annointed stocks institutions use for mechanics

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By Douglas A. McIntyre Published

Cramer said the mechanics of the market are a secret to most.  This moves stocks in the short term, and the institutons will hate him for this.  The mechanics of a stock moving up are more imprtant than the fundamentals and "the market" doesnt really exist.

With this you can outsmart the institutions, but this is on short-term gaming.  This is why you can buy stocks that already ran and still make money.  Symbolism is important here.  They may need to have oil exposure, so Exxon (XOM) is symbolic for that.  In aerospace, it is Boeing (BA), in banking it is Bank of America (BAC), with internets it is Google (GOOG), equipment is Cisco (CSCO), in oil services it is Schlumberger (SLB).

Jon C. Ogg
November 29, 2006

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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